开山股份：全资子公司在肯尼亚投资建设年产48万吨绿色化肥及配套地热电站项目

Core Viewpoint - Kaishan Holdings announced that its wholly-owned subsidiary, Kaishan Terra Green Ammonia Limited, plans to invest in a project to produce 480,000 tons of green fertilizer and a geothermal power station in Kenya, with a total investment of approximately 5.996 billion yuan [1] Investment Details - The total investment for the project is estimated at 5.996 billion yuan, with construction costs accounting for 5.865 billion yuan and interest during the construction period amounting to 131 million yuan [1] - The construction period is set for 24 months from the effective date of the steam supply agreement and the issuance of the full commencement order [1] Revenue Projections - The project is expected to generate annual operating revenue between 220 million to 250 million US dollars [1] Approval Process - The project has been approved by the company's sixth board of directors' strategic committee during its first meeting of 2025 and the twelfth meeting of the sixth board of directors, pending further approval from the shareholders' meeting [1]